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Transparency And Convergency In The Communication Of Central Banks In The South- East European Countries

Author

Listed:
  • Vinko Kandzija

    (University of Rijeka)

  • Igor Zivko

    (University of Mostar)

  • Branimir Skoko

    (University of Mostar)

Abstract

Monetary authorities must make transparent communication with the public and financial market players in the process of implementation of monetary policy. Transparency is a way to make information about decisions of monetary committee, reasons for making decisions and efficiency in its implementation clear and distinct. This paper will analyze theoretical framework on transparency in central banks in communication, and field of convergence in monetary transparency in central banks of South-eastern countries to the standards of EU.

Suggested Citation

  • Vinko Kandzija & Igor Zivko & Branimir Skoko, 2009. "Transparency And Convergency In The Communication Of Central Banks In The South- East European Countries," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 18(1), pages 81-92, june.
    • Handle: RePEc:avo:emipdu:v:18:y:2009:i:1:p:81-92
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    More about this item

    Keywords

    central bank; communication; transparency; convergence;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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